Missing msvcr120.dll during installation
Are you using Windows 7 sp1?
The links below are from posts I found with similar errors in different apps.

Using the Microsoft C Runtime with User-Mode Drivers and Desktop ...
https://msdn.microsoft.com/en-us/library/windows/hardware/dn448963%28v=vs.85%29.aspx

http://answers.microsoft.com/en-us/windows/forum/windows_8-hardware/missing-msvcr120ddll/28b03b3b-1d15-4e47-ba31-8ace6920b9ba

Installing the run-time and/or making sure you have the latest Windows Updates might help you.